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    Property profile & analytics

    501 Cir Ave Forest Park, IL 60130-3285

    • Garden apartment buildings
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 31, 2024
    Location Intelligence
    Property ID
    US28-2372780
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 501 Cir Ave

    Year built
    1924
    Lot size
    0.15 lot acres
    Property type
    Garden apartment buildings
    APN
    15-13-212-013
    APU
    1513212013

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8087
    Latitude
    41.8776
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $17,390
    $8,960
    $39,559
    $48,519
    -
    $89,600
    $395,590
    $485,190

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      7317 Roosevelt Rd

      GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres
      7317 Roosevelt Rd, Forest Park, IL 60130-2474
      View Details
    • Value Estimation by Request
      0.17 Acres

      7446 Franklin St

      GARDEN APT, COURT APT (5+ UNITS) • 0.17 Acres
      7446 Franklin St, Forest Park, IL 60130-1075
      View Details
    • Value Estimation by Request
      0.06 Acres

      1345 Harlem Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.06 Acres
      1345 Harlem Ave, Forest Park, IL 60130
      View Details
    • Value Estimation by Request
      9,520 SF

      223 Marengo Ave, Unit 27

      GARDEN APT, COURT APT (5+ UNITS) • 9,520 SF
      223 Marengo Ave, Forest Park, IL 60130-1615
      View Details
    • Value Estimation
      $295,000
      0.07 Acres

      7621 Roosevelt Rd

      GARDEN APT, COURT APT (5+ UNITS) • 0.07 Acres
      7621 Roosevelt Rd, Forest Park, IL 60130-2212
      View Details
    • Value Estimation by Request
      0.14 Acres

      7406 Randolph St

      GARDEN APT, COURT APT (5+ UNITS) • 0.14 Acres
      7406 Randolph St, Forest Park, IL 60130-1275
      View Details

    Similar Nearby for Sale

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      Victorian Home on Double Lot

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    • Contact for pricing
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      Forest Park Retail Center

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    Similar Nearby for Lease

    • Contact for pricing
      254,433 SF

      Forest Park Plaza Retail Space

      High-profile retail center, spaces available.
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    • $32 SF/Yr
      3,049 SF

      Renovated Retail/Office Space Available

      Recently renovated retail/office space with high traffic and natural light.
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    • $52 SF/Yr

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      Storefront in central Forest Park with high traffic exposure.
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    501 Cir Ave
    Forest Park, IL 60130-3285
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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